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  • MOL, Evergreen switch port calls on Vietnam-USEC service

    08 Jul 2014 8:28 AM | Anonymous

    Original news was published on 6 July, 2014
    JAPANESE shipping line MOL and Taiwan's Evergreen are changing the port rotation for their joint South China-Vietnam Express (SVS/AUE) service that connects Asia to the US east coast via the Suez Canal.


    The changes involve shifting back the Cai Mep call in Vietnam and removing wayport calls at Algeciras, reported Alphaliner.

    The call at Cai Mep, currently occurring on the return leg to the Pearl River delta, will be shifted after the two Pearl River calls, shaving five to seven days off the Cai Mep to US east coast transit time.

    The service will then offer the fastest connection from Vietnam to the US east coast.

    The new rotation will be implemented with the Hong Kong sailing on July 12. The service turns in 11 weeks with 11 ships of 6,300-7,000 TEU, ten of which are provided by MOL and one by Evergreen

    APL, Hapag-Lloyd, HMM and NYK Line take slots on this service within the framework of the G6 container shipping alliance.


    *NEWS SOURCE

  • Westinghouse Acquires Italy’s Mangiarotti

    07 Jul 2014 8:32 AM | Anonymous

    Original news was published on 3 July, 2014

    For expansion into oil & gas market as well as beefing up nuclear operations

    Westinghouse will purchase Mangiarotti, an Italy‑based manufacturer of components for the nuclear, oil and gas industries. Terms were not disclosed, although the sale is expected to be completed by early August.

    Mangiarotti SpA was founded in 1930 as a manufacturer of explosives and is currently one of the 4 leading company she worldwide for the quality of production of pressure vessels and other large components used in refining, petrochemicals, chemicals, onshore/offshore oil & gas and power plants.

    The acquisition will allow Westinghouse to expand its manufacturing capabilities into the oil & gas sector, as well as gaining a European site for nuclear components. Headquartered in Sedegliano, Mangiarotti has engineered, designed and manufactured a comprehensive line of products during its more than 80‑year history.

    “Our continued successful manufacturing expansion like Mangiarotti allows us to be a broader global provider in all energy fields,” Westinghouse president and CEO Danny Roderick said in a statement.

    Westinghouse will continue operations of Mangiarotti in the Monfalcone and Pannellia facilities, the company said, but did not mention Mangiarotti’s plant in San Giorgio di Nogaro.


    *NEWS SOURCE
     

  • Punj Lloyd to Expand Kuwait Depot

    05 Jul 2014 9:01 AM | Anonymous

    Original news was published on 3 July, 2014

    India’s Punj Lloyd has been awarded a US$236 million contract from Kuwait National Petroleum Company (KNPC) to expand its Ahmadi Depot in Kuwait.
    Punj Lloyd will provide design, detailed engineering, procurement, construction and commissioning of 11 new floating roof product tanks with a capacity of 228,000 cubic meters, the Gurgaon-based engineering and construction company said in a statement. It also includes civil work, interconnecting piping, construction of multi-product loading points and a substation.
    This is Punj Lloyd’s first contract in Kuwait. The expansion will be completed in 35 months.
    *NEWS SOURCE

  • Van der Vlist Boosts Lashing and Strapping Operations

    04 Jul 2014 8:34 AM | Anonymous

    Original news was published on 2 July, 2104

    With more and more cargo being shipped outside Europe, heavy transport specialist Van der Vlist is finding it has more and more movements on flat racks and in containers, so it has been looking at ways to increase efficiency in this area.

    To this end, a group of Van der Vlist’s Technical Services team has recently undertaken a special course in strapping, lashing and securing. The course reinforced the latest regulations and the appropriate and certified materials required, as well as running through different ways of working with different cargo.

    The course consisted of several theory sessions as well as a daylong practical case study, and all those who took part completed the full course successfully, and received a certificate. While containers shipped worldwide may well be exposed to severe conditions on their journey, Van der Vlist will ensure that the cargo will be safely and securely strapped in to prevent damage.

    *NEWS SOURCE

  • Chalco Constructs Alumina Plant in Qingzhen

    03 Jul 2014 8:05 AM | Anonymous
    Original news was published on 1 July, 2014

    Two Chinese companies have established a joint venture to build a US$608 million  alumina plant in southwest China’s Guizhou province. Aluminum Corporation of China (Chalco) will hold a 60 percent share in the new business and Jinjiang Group will own 40 percent.

    The Qingzhen Alumina Project will be built with the capacity to produce 800,000 tonnes per year. Construction will take one year, Chalco said in a statement.

    Chalco chose the Qingzhen location for its  abundant bauxite resources, better traffic conditions and comprehensive infrastructure, which are fundamental requirements for alumina development. Chalco is China’s largest alumina and primary aluminum producer and the world’s second largest alumina producer.

    *NEWS SOURCE

  • Damen to Launch World’s First RSD CNG Tug

    02 Jul 2014 8:24 AM | Anonymous

    Original news was published on 1 July, 2014

    Three leading companies have teamed up to bring the first ever Reverse Stern Drive (RSD) Compressed Natural Gas (CNG) tug to the market. Damen Shipyards of the Netherlands, German engine manufacturer MTU Friedrichshafen, a subsidiary of Rolls-Royce Power Systems, and Denmark’s SVITZER have embarked on the pioneering project with the official launch of the new eco-friendly tug planned for 2016.
    The new RSD CNG tug combines high power with lower fuel costs and a substantial reduction in emissions. The new 16-cylinder pure gas engine being developed by MTU is based on its proven workboat Series 4000 M63 diesel engine. It will be complemented with a multipoint gas injection system, a dynamic engine control and an optimized safety concept.
    “We are developing our new gas series in order to meet the extreme load profile of the tugboat. The acceleration will be comparable to the level of our diesel engines. Due to the clean combustion concept, compliance with IMO Tier 3 emission legislation will be ensured without the need of additional exhaust gas after treatment,” Dr. Ulrich Dohle, CEO of Rolls-Royce Power Systems, said.
    The new Damen Reverse Stern Drive (RSD) is essentially an ASD and tractor tug in one – being able to sail ahead and astern, with the same bow height forward and aft. Currently, the Series comprises the RSD 2210, which will have a 50 t BP, RSD 2512 (70t BP) and RSD 2914 (90t BP).

    *NEWS SOURCE

  • Jiangsu's Nantong Comprehensive Bonded Zone becomes operational

    01 Jul 2014 8:21 AM | Anonymous

    Original news was published on 30 June, 2014

    TAIWAN's 4,252-TEU Wai Hai 503 stopped and dispatched a lifeboat to pull a Indonesia ferry crewman from the Strait of Malacca after receiving urgent radio message from Klang vessel traffic service.

    The captain of Wan Hai 503,immediately ordered the ship to halt and having spotted him, dispatched a life boat.

    Having been in the water more than three hours, the man recovered after receiving medical care and food supply from the Wan Hai 503 crew. Then Malaysia rescue boat arrived and took him ashore.
    *NEWS SOURCE

  • CNECC Caps Fuqing 4

    30 Jun 2014 8:25 AM | Anonymous

    Original news was published on 26 June, 2014

    China Nuclear Engineering and Construction (CNECC) has installed the reactor dome on the containment building of Fuqing 4, which signifies the end of the civil engineering phase at China’s nuclear power plant in Fujian province.

    The operation took just over one hour, CNNC said in a statement. The dome weighed 165 tonnes.

    Fuqing 4 is one of six reactors slated for the nuclear power plant that all feature Chinese technology. However, the fifth and sixth units will see the first third-gen ACP1000 reactors.

    The first unit is expected to begin generating power in the next few weeks; the second unit will follow in September. All four units will be operating by 2016. CNECC plans to start construction on unit 5 this year and on unit 6 in 2015.

    *NEWS SOURCE

  • Ordering: East Meets West?

    30 Jun 2014 8:22 AM | Anonymous
    Original news was published on 27 June, 2014

    The European and Asia/Pacific owned fleets are the largest regional fleets globally and account for 44% and 41% of the fleet in terms of GT respectively. While their share of global ordering has fluctuated over time, eight owner nations within these regions have accounted for around two thirds of tonnage contracted between 2005 and the ytd (857.8m GT).

    Swinging Share?

    As the Graph of the Month shows, ordering volumes have varied over time. Firm contracting levels 2005-08 saw European owners place almost half of all orders in terms of GT (234.4m GT) with Greek and German owners accounting for 32% of the record 177.7m GT ordered in 2007. The onset of the global recession in 2009 saw the proportion of GT ordered by Asia/Pacific owners outpace that of their European counterparts, averaging 53% in the period 2009-11 with a total 99.5m GT contracted over the period. Since the end of 2011, the share of GT ordered by European and Asia/Pacific owners has been more aligned at 44% and 37% respectively.

    Starting Off West

    Following the downturn in ordering, European owners have seen their share of the global fleet decline from a recent peak of 47% in 2007 to 44% at the start of 2014. Greek owners accounted for 15% of tonnage (124.9m GT) ordered by European owners between 2005 and 2013 and their fleet is now the largest globally. German owners placed the fourth largest volume of orders globally 2005-13 (70.8m GT) with boxships representing around 56% of GT. However, average German ordering volumes fell from 14.3m GT p.a. 2005-08 to 2.7m GT p.a. 2009-13, mainly due to the collapse of the KG financing system. While Norwegian owners ordered less than their German counterparts between 2005 and 2013 (36.6m GT), activity was relatively more consistent over the period with bulkers, tankers and offshore vessels representing around 71% of GT ordered.

    Eastern Wind?

    There has been strong growth in the Asia/Pacific owned fleet over the last decade with its market share rising from 36% at the start of 2005 to 41% at the start of this year. Chinese owners accounted for 31% of the 340.6m GT ordered over this period, with bulkers representing around 62% of the tonnage. While Japanese owners ordered the most tonnage of any owner nation 2005-8 (75.0m GT), 70% more than Chinese owners, average Japanese ordering volumes have fallen 64% since and stood at 6.7m GT p.a. 2009-13. Similarly, South Korean shipowners, who contracted the sixth largest volume of GT globally 2005-13 (46.1m GT), saw the volume of tonnage ordered decline by 42% after 2005-8 with an average of 3.8m GT ordered p.a. 2009-13. Meanwhile, the volume of GT contracted by Singaporean owners has been fairly stable 2005-13 with 30.5m GT ordered.

    So, the share of global tonnage contracted by owners in Asia/Pacific and Europe has converged again in recent years. With the European owned orderbook currently 16% larger than the Asia/Pacific region’s (74.7m GT), owners in Europe may maintain their leading share of global GT for a little longer. Recent trends in contracting may be helping to slow the closure of the gap between European and Asia/Pacific fleet ownership.


    *NEWS SOURCE

  • TBMs Finish Digging Underground San Francisco

    28 Jun 2014 2:14 PM | Anonymous

    Original news was published on 27 June, 2014

    Central Subway project on time for 2019 opening

    The digging is over at San Francisco’s first new subway in nearly 50 years. Tunnel boring machines Mom Chung and Big Alma have completed tunnelling for the US$1.6 billion Central Subway project in San Francisco, Calif.
    “Building these subway tunnels under a city that’s been well established since the “Gold Rush” of the 1800s has meant confronting plenty of structural and historical challenges underground in addition to the soft ground and hard rock soil conditions,” Barnard Construction said in a statement. Barnard, based in Montana, formed a joint venture with Italy’s Impregilo and S. A. Healy Company and won the construction contract in 2012 from the S.F. Municipal Transportation Agency.
    The TBMs each tunnelled 2.6 kilometers to build two new subway tunnels connecting SoMa (south of Market Street), Union Square and Chinatown. Mom Chung completed its tunnel in 11 months; Alma in just 8-½ months. Both machines were built by Robinson Company.
    To minimize disruption to city traffic and businesses, the TBM launch box was built under an I-80 overpass and potentially disruptive work was scheduled at night. The TBMs will now be removed and refurbished for future jobs.
    The Central Subway will open in 2019.

    *NEWS SOURCE

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